Triple-A has partnered with Singaporean payment platform AXS to allow its users to pay for various services using four Crypto Assets, Gold Finance reported. AXS, supported by DBS Bank and Tower Capital Asia, now allows users in Singapore to pay different bills using Digital Money, and the partnership will allow these Crypto Assets to be used as a payment method in 550 of the 600 services offered by AXS, excluding the 50 services related to credit cards and bank loans.
Triple-A will act as a gateway for these payment methods, and the Crypto Assets company will immediately convert the selected Token into Singapore Dollar and then deposit the money into AXS's bank account. There are four payment methods: BTC, ETH, USDT, and USDC.
This payment method is only available for AXS's mobile app, also known as AXS m-station. As shown on its website, in the app, users can pay bills, fines, prepaid card recharges, e-services, marketplace payments, government e-services, ticketing, student services, and more.